Schaeffler India Limited Announces Board Appointments
September 13, 2021 at 03:31 am EDT
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The Board of Directors of Schaeffler India Limited has approved the appointment of Ms. Corinna Schittenhelm as Additional Director to hold office upto ensuing Annual General Meeting and subject to approval of Shareholders, as Non-Executive Non-Independent Director, liable to retire by rotation, effective from September 12, 2021 and; 2. Mr. Andreas Schick as Additional Director to hold office upto ensuing Annual General Meeting and subject to approval of Shareholders, as Non-Executive Non-Independent Director, liable to retire by rotation, effective from October 28, 2021.
Schaeffler India Limited is an India-based automotive and industrial component supplier. The Company provides components and systems for engine, transmission, and chassis applications for hybrid, electric, and combustion-engine-powered vehicles. The Company's segments include Automotive Technologies, Automotive Aftermarket, Industrial, and Exports & Others. The Automotive Technologies segment develops products using sustainable technologies for passenger and commercial vehicles, tractors, and off-highway segments. The Automotive Aftermarket provides data-driven services and plug-and-play solutions for transmission, engine, and chassis systems. It also includes three brands, such as LuK, INA and FAG. The Industrial segment offers a portfolio of bearing solutions, ranging from high-speed and high-precision bearings with small diameters, to large-size bearings, several meters wide. The Exports & Others segment includes exports to group companies and scrap sales.
SCHAEFFLER INDIA LIMITED 
